An interested
buyer will prepare a written offer, usually on a standard form called
the Contract of Purchase and Sale. Your REALTOR®must present
you with all written offers and if you receive several at one time,
you are under no obligation to accept one over the other.

When you receive
an offer, you can accept it, refuse it, or make a counter-offer
to the buyers, with the changes you want.

An offer usually
contains subject clauses that the buyer needs to remove by a specific
date. A subject clause is a special condition that must be met before
the sale can take place. For example, a buyer may want to have a
certified home inspection done before they commit to the sale. Once
the subjects are removed and you've signed the offer, it becomes
legally binding.

Completion

The
Contract of Purchase and Sale will specify a completion day for
the sale. On this day, legal ownership of the home will transfer
from you to the buyer.

Before the
completion day you should hire a lawyer or notary public to handle
the completion procedures. Your REALTOR®will be able to recommend
some lawyers or notaries. The lawyer/notary will:

Ensure
that your mortgage has been properly discharged.

Arrange
for you to sign papers transferring title.

Confirm
that all payments you are responsible for have been made.

Give you
a cheque for the balance .

Completion Costs

Although
you will receive a payment upon the sale of your home, there are
still some costs you need to be prepared to pay. They include:

This site provides real estate information, listings and tools servicing the Greater Vancouver and Fraser Valley Areas of British Columbia (BC) Canada. Areas serviced include Vancouver, West Vancouver, North Vancouver, Burnaby, Richmond, New Westminster, Coquitlam, Port Coquitlam, Port Moody, Maple Ridge, Pitt Meadows, Surrey, Whiterock, Delta, Tsawwassen, Ladner, North Delta, Langley, Abbotsford, Chilliwack and Mission. As some of these areas are outside of my core service area, We provide a free referal service so that consumers can have confidence that they will be working with a trusted and competent REALTOR®in the area they are selling or buying in.

We can assist repeat home buyers & sellers, first time buyers, investors looking for single or multiple unit investment properties, building lots, and new construction project purchases.